Litera Acquires Kira Systems

August 10, 2021

Litera has agreed to acquire Kira Systems, a Toronto-based leader in machine learning contract analysis, to strengthen its Transaction Management platform and expand due diligence workflows. As part of the deal, Kira majority investor Insight Partners will become a minority investor in Litera while Hg remains Litera's majority investor; Kira's AI research team will spin out as a new company, Zuva.

Buyers
Litera, Insight Partners, Hg
Targets
Kira Systems
Location
Ontario, Canada
Transaction Type
Buyout

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